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Friday, July 16, 2010

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  1. DXY corrects till the 200 DEMA and MSCI World Index pulls back till the 200 DEMA, perfectly inverse, next one week should decide the fate of both.
  2. Nifty reverses from 3 sigma upper Bollinger Bands, 5200-5150 initial targets.
  3. BSE 500 and BSE Small Cap complete 12 month channel targets and reverse, BSE Midcap breakout looks false.

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